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U.S. approves creation of TRIPP Development Company

Nikol Pashinyan, Armenian PM and Donald Trump, US President

© APA | Nikol Pashinyan, Armenian PM and Donald Trump, US President

# 04 June 2026 11:22 (UTC +04:00)

The establishment of the TRIPP company in the United States has been approved, the U.S. Embassy in Armenia posted on its X account, APA reports.

"The U.S. International Development Finance Corporation (DFC) Board of Directors approved several new strategic investments on June 3, including support for the creation of the TRIPP Development Company, a U.S.-Armenia joint venture intended to support trade, transport, economic development, and regional connectivity.

According to DFC, the venture will support key infrastructure projects, including railways, roads, pipelines, fiber-optic networks, and more," the post reads.

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